{"id":85470,"date":"2025-10-17T00:49:12","date_gmt":"2025-10-17T00:49:12","guid":{"rendered":"https:\/\/www.newsbeep.com\/ie\/85470\/"},"modified":"2025-10-17T00:49:12","modified_gmt":"2025-10-17T00:49:12","slug":"seoul-shares-open-lower-on-us-losses","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ie\/85470\/","title":{"rendered":"Seoul shares open lower on US losses"},"content":{"rendered":"

\"An An electronic board showing the Korea Composite Stock Price Index at a dealing room of the Hana Bank headquarters in Seoul on Friday. (Yonhap) <\/p>\n

Seoul shares opened lower Friday, tracking overnight losses on Wall Street amid lingering concerns over the fallout from escalating US-China trade tensions.<\/p>\n

The benchmark Korea Composite Stock Price Index fell 19.87 points, or 0.53 percent, to 3,728.50 in the first 15 minutes of trading.<\/p>\n

The Kospi jumped 2.49 percent to close at a fresh all-time high of 3,748.37 points on Thursday.<\/p>\n

Overnight, the Dow Jones Industrial Average fell 0.65 percent while the tech-heavy Nasdaq composite declined 0.47 percent.<\/p>\n

US stocks came under pressure after reports of bad loans at two US banks stoked concerns about the credit market.<\/p>\n

In Seoul, large-cap stocks traded mixed.<\/p>\n

Market bellwether Samsung Electronics fell 0.2 percent, while leading home appliance maker LG Electronics declined 0.36 percent.<\/p>\n

National flag carrier Korean Air lost 0.45 percent, and defense firm Hanwha Aerospace shed 1.28 percent.<\/p>\n

Among gainers, top carmaker Hyundai Motor rose 1.24 percent and its smaller affiliate Kia climbed 0.72 percent.<\/p>\n

Hanwha Ocean, a shipbuilding arm of Hanwha Group, gained 2.43 percent and leading steelmaker Posco Holdings advanced 0.7 percent.<\/p>\n

The local currency was trading at 1,417.95 won against the greenback as of 9:15 a.m., down 0.05 won from the previous session’s close. (Yonhap)<\/p>\n","protected":false},"excerpt":{"rendered":"An electronic board showing the Korea Composite Stock Price Index at a dealing room of the Hana Bank…\n","protected":false},"author":2,"featured_media":85471,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[6520,72,61,60,6521,6517,6516,6522,123,6518,6519,6515,6524,6525,6523],"class_list":["post-85470","post","type-post","status-publish","format-standard","has-post-thumbnail","category-markets","tag-asia-news","tag-business","tag-ie","tag-ireland","tag-k-pop","tag-koreaherald","tag-korean-news","tag-kpop","tag-markets","tag-south-korea-news","tag-south-korea-news-in-english","tag-the-korea-herald","tag-6524","tag-6525","tag-6523"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/85470","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=85470"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/85470\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/85471"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=85470"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=85470"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=85470"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}